Wednesday, September 1, 2010
ATLANTA (AP) -- Georgia State University researchers have created an online calculator for small businesses interested in whether they qualify for tax credits under the new federal health care law.
The tool -- the first of its kind -- can be used by businesses in any state, including nonprofit agencies. Under the law, small businesses with fewer than 25 full-time employees making less than $50,000 could be eligible for tax credits to help cover the cost of insurance for workers.
The calculator was developed by Georgia State in conjunction with the Florida Public Health Institute and the Center for Mississippi Health Policy.
The calculator can be found online at: www.gsu.edu/ghpc.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
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